Two Percent (2%)of the Customers of a Store Buy Cigars

question 28

Multiple Choice

Two percent (2%) of the customers of a store buy cigars.Half of the customers who buy cigars buy beer.25 percent who buy beer buy cigars.Determine the probability that a customer buys beer.

• A)0.25
• B)0.01
• C)0.04
• D)0.50
• E)0.005

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Definitions:

Dividend Policy

A company's approach to distributing profits back to its shareholders through dividends.

Capital Gains

The increase in value of an asset or investment over its purchase price, which becomes realized upon the sale of the asset.

Ex-dividend Date

The date on which stocks are traded without the right to receive the next dividend payment, determining who will receive the dividend.

Dividend Payment

A portion of a company's earnings distributed to shareholders, usually on a regular basis.